Global steel giant, ArcelorMittal Italia has appointed Lucia Morselli as Chairman of the Board and CEO, effective today.
The company said in a statement that she will replace Matthieu Jehl, the current Chairman and CEO, who will take up new responsibilities within ArcelorMittal.
Geert van Poelvoorde, CEO ArcelorMittal Europe, Flat Products, said: “I would like to start by thanking Matthieu Jehl for the important role he has played in helping ArcelorMittal establish a presence in Italy. Good progress has been made, specifically on the implementation of the environmental investments and in improving processes, despite the challenging external environment.”
“We are very pleased to welcome Lucia as the new Chairman and CEO of ArcelorMittal Italia. She is widely recognised as a highly experienced business leader who has made a significant contribution to Italian industry. Her experience and expertise will be very valuable to ArcelorMittal Italia as we seek to put the company on a more sustainable footing and strengthen the consensus around the future of the plant.”
Lucia Morselli, said: “There is arguably no bigger, more complex industrial challenge within Italy today than the ex-Ilva facilities. I am very motivated by the opportunity to lead ArcelorMittal Italia and I will do my best to secure its future and ensure its contribution is valued by all stakeholders.”
Mrs. Morselli is recognised as one of Italy’s leading businesswomen. She is a member of the board of directors at Essilor-Luxottica, Telecom Italia SPA, Sisal SPA and ST Microelectronics.
Mrs. Morselli is a highly experienced Chief Executive having held the position at numerous companies including Acciai Speciali Terni SPA, Berco Group, BioEra S.p.A., Mikado S.p.A., Tecnosystemi S.p.A., Stream (Sky) S.p.A. and Telepiù Group.
She started her career at Olivetti as an assistant to the CFO and then spent five years in strategic consultancy at Accenture before joining Finmeccanica as CFO for the aircraft division.
Mrs. Morselli holds a degree in mathematics (summa cum laude) from Pisa University, a PHD in mathematical physics from the University of Rome and Masters’ degrees from the University of Turin (Business Administration) and the University of Milan (European Public Administration).